Australian Unemployment Rate (Dec) 4.1% vs. Exp. 4.4% (Prev. 4.3%)

The Australian unemployment rate for December came in at 4.1%, beating expectations of 4.4% and slightly up from the previous 4.3%.

Newsquawk StaffPublished On the live feed at 4 more headlines followed before this page went public
Newsquawk headlinesUTC

Paramount Skydance (PKSY) is reportedly extending the January 21st deadline for shareholders of Warner Bros (WBD) to accept the offer, but is not raising the USD 30/shr price, NYT reports citing sources

US House GOP leaders are struggling to strike a deal with Republican hard-liners tonight that would allow the final government funding package to advance, Politico reports

Australian Unemployment Rate (Dec) 4.1% vs. Exp. 4.4% (Prev. 4.3%)

The proposal by NATO's Rutte does not include the transfer of overall sovereignty, Axios reports citing sources; the plan includes the increase of security in Greenland and NATO activity in the Arctic

PBoC is expected to set USD/CNY mid-point at 6.9697 (prev. 7.0014)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This drop suggests a tightening labor market, which may influence the RBA's considerations on monetary policy, potentially tilting the balance toward maintaining or even tightening interest rates in the near term. Overall, this data point strengthens the outlook for the Australian economy and could support the AUD against its peers.

Related headlines

The whole workspace, free to try.

Try it free